In a filing, Arista Networks Inc revealed its CTO and SVP Software Eng. Duda Kenneth unloaded Company’s shares for reported $7.21 million on May 06 ’25. In the deal valued at $90.07 per share,80,000 shares were sold. As a result of this transaction, Duda Kenneth now holds 602,400 shares worth roughly $52.12 million.
Then, Duda Kenneth sold 80,000 shares, generating $7,205,790 in total proceeds. Upon selling the shares at $90.07, the CTO and SVP Software Eng. now owns 12,976 shares.
Before that, Kenneth Duda bought 16,000 shares. Arista Networks Inc shares valued at $1,446,080 were divested by the Officer at a price of $90.38 per share.
Rosenblatt upgraded its Arista Networks Inc [ANET] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who remained covering the stock and in mid April has reiterated a ‘”an Outperform”‘ rating for it. UBS also remained covering ANET and has increased its forecast on March 05, 2025 with a “Buy” recommendation from previously “Neutral” rating. Citigroup maintained its rating on June 27, 2024. It rated ANET as “a Buy”.
Price Performance Review of ANET
On Friday, Arista Networks Inc [NYSE:ANET] saw its stock fall -0.86% to $86.52. Over the last five days, the stock has lost -4.94%. Arista Networks Inc shares have fallen nearly -21.72% since the year began. Nevertheless, the stocks have risen 26.31% over the past one year. While a 52-week high of $133.57 was reached on 01/24/25, a 52-week low of $59.43 was recorded on 04/07/25. SMA at 50 days reached $79.92, while 200 days put it at $94.93.
Levels Of Support And Resistance For ANET Stock
The 24-hour chart illustrates a support level at 85.10, which if violated will result in even more drops to 83.67. On the upside, there is a resistance level at 88.22. A further resistance level may holdings at 89.91. The Relative Strength Index (RSI) on the 14-day chart is 58.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.30, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.44%. Stochastics %K at 78.79% indicates the stock is a holding.
